23 hours ago · WASHINGTON (AP) — House Republicans released a budget plan Wednesday that sets the stage for advancing many of President Donald Trump’s top domestic priorities, providing for up to $4.5 trillion in tax cuts and a $4 trillion increase in the debt limit so the U.S. can continue financing its bills.

Jan 24, 2025 · The Tax Cuts and Jobs Act of 2017 sunsets in 2025, and a new overhaul is expected. The Trump administration hopes to make key tax policy changes for both individuals and corporations, including ...

Dec 20, 2024 · In addition to extending the Tax Cuts and Jobs Act, one of his signature achievements in his first term, President-elect Donald Trump has proposed a long list of tax cuts, from eliminating taxes on...

Jan 20, 2025 · On the campaign trail, Trump promised a variety of tax breaks, including removing the TCJA’s $10,000 cap on the deduction for state and local taxes, and eliminating taxes on tip income,...

6 days ago · President Donald Trump gathered with House Republican leaders at the White House on Thursday to relay his tax priorities. In the meeting, he told House Speaker Mike Johnson, R-La., Majority Leader ...

Oct 26, 2024 · After promising to eliminate taxes on tips, Social Security benefits and overtime pay, former President Donald Trump is taking aim at the largest levy of them all — the federal income tax.

Nov 26, 2024 · From "no tax on tips" to Social Security, Donald Trump has made a range of promises about the taxes Americans will pay. We take a look at three changes we could see in the months ahead.

Jan 21, 2025 · President Donald Trump on Monday declared that a global corporate minimum tax deal "has no force or effect" in the U.S., effectively pulling America out of the landmark 2021 arrangement...

Nov 7, 2024 · Taxpayers should look to President-elect Trump’s proposals as a strong indicator of where tax policy will go in 2025 and beyond. In particular, many key provisions from the Tax Cuts and Jobs Act of 2017 (TCJA) are expected to be extended or made permanent.

Dec 30, 2022 · A House committee on Friday made public six years of former President Donald Trump's tax returns, which showed he paid relatively little in federal taxes in the years before and during his...